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10Y Treasury Shorts “Aggressively” Cut After Fed Hike, But…

This is important because the latest data is current through Tuesday which means it captures the aftermath of the Fed's "dovish" hike that sent yields plunging or, more to the point, moved markets against the (very) crowded short Treasury trade.

This is important because the latest data is current through Tuesday which means it captures the aftermath of the Fed's "dovish" hike that sent yields plunging or, more to the point, moved markets against the (very) crowded short Treasury trade.

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